USDA's May 2015 supply and distribution report was released today, which includes the first estimates for MY 2015/16. Many changes are likely over the next several months, but there were some items of significance to the oilseeds sector. Oilseed Highlights from USDA WASDE Report USDA today released its May 2015 supply and distribution report that includes the first estimates for MY 2015/16. There will undoubtedly be many changes to these forecasts over the next several months, but the initial numbers are always instructive as to what may occur. Below are the items that I have identified of significance in the report with respect to the oilseeds sector:MY 2014/15
The U.S. domestic soybean crush was increased by 10 million bushels to 1.8...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
